The orders include as many as 400 narrow-body jets and 100 or more wide-bodies, including dozens of Airbus A350s and Boeing 787s and 777s, they said, speaking on condition of anonymity as finishing touches are placed on the mammoth deal in coming days.
This move comes at the back of reports that highlight an expected growth in the number of Indian students attending foreign universities.
The government had yesterday announced that the demonetised 500 and 1,000 rupee notes can no longer be exchanged at bank counters and any holdings will necessarily have to be deposited in bank accounts.
In conversation with CNBC-TV18, Nirmal Jain, Chairman of IIFL, said it is not a great market for short-term traders but if investors have a long-term view then India is doing better.
In conversation with CNBC-TV18, Sundeep Kumar Bafna, MD, FortPoint talks about the demonetization move.
In conversation with CNBC-TV18, Arjun Ram Meghwal, MoS Finance, said demonetization will be beneficial in the long run. The move will help economy grow significantly.
Macro concerns are key triggers behind the recent market fall, says P N Vijay, portfolio manager. Talking to CNBC-TV18, he says that people are very worried about the country‘s current account deficit (CAD), gross domestic product (GDP) growth and the negative index of industrial production (IIP) growth.
Jimmy Wales was recently present to address Wikipedians at the Wiki Conference 2011 held in India. Wikipedia spans across 280 languages and has around 20